About This Property
Locust Landing Phase I offers 40 low-income residential units in Red Bank Borough, Monmouth County. The community includes nine one-bedroom and thirty-one two-bedroom apartments that have been in service since 2012.
Waitlist Information
Waitlist managed by Red Bank Housing Authority
To inquire about pre-application status or update information, requests must be submitted in writing and mailed to the Housing Authority. There are 40 family units and 50 senior units. Preferences include victims of domestic violence, working families, veterans or surviving spouses, current members of the U.S. Armed Forces, involuntarily displaced local residents, residents who live and work in the RBHA's jurisdiction, residents who live in the RBHA's jurisdiction, involuntarily displaced non-local residents, and non-residents who work in the RBHA's jurisdiction.
To inquire about pre-application status or update information, requests must be submitted in writing and mailed to the Housing Authority. Preferences include families terminated from HCV due to insufficient funding, victims of domestic violence, veterans or surviving spouses, current members of the U.S. Armed Forces, involuntarily displaced local residents, residents who live and work in the RBHA's jurisdiction, residents who live in the RBHA's jurisdiction, involuntarily displaced non-local residents, and non-residents who work in the RBHA's jurisdiction.
Waitlist data provided by section8waitlist.org
Updated July 7, 2026
Property Details
Fair Market Rent - Monmouth County, NJ
FMR represents the estimated amount needed to cover rent and utilities for a moderately-priced unit in this area.
| Bedrooms | FMR |
|---|---|
| Studio/Efficiency | $1,385 |
| 1 Bedroom | $1,546 |
| 2 Bedroom | $1,916 |
| 3 Bedroom | $2,604 |
| 4 Bedroom | $2,904 |
Income Limits - Monmouth County, NJ
Annual income limits by household size used to determine eligibility for affordable housing programs.
- Extremely Low (30%)
- $22,900
- Very Low (50%)
- $38,150
- Low (80%)
- $55,950
- Extremely Low (30%)
- $26,150
- Very Low (50%)
- $43,600
- Low (80%)
- $63,950
- Extremely Low (30%)
- $29,400
- Very Low (50%)
- $49,050
- Low (80%)
- $71,950
- Extremely Low (30%)
- $32,650
- Very Low (50%)
- $54,450
- Low (80%)
- $79,900
- Extremely Low (30%)
- $35,300
- Very Low (50%)
- $58,850
- Low (80%)
- $86,300
- Extremely Low (30%)
- $37,900
- Very Low (50%)
- $63,200
- Low (80%)
- $92,700
- Extremely Low (30%)
- $40,500
- Very Low (50%)
- $67,550
- Low (80%)
- $99,100
- Extremely Low (30%)
- $44,660
- Very Low (50%)
- $71,900
- Low (80%)
- $105,500
| Household | Extremely Low (30%) | Very Low (50%) | Low (80%) |
|---|---|---|---|
| 1 Person | $22,900 | $38,150 | $55,950 |
| 2 Persons | $26,150 | $43,600 | $63,950 |
| 3 Persons | $29,400 | $49,050 | $71,950 |
| 4 Persons | $32,650 | $54,450 | $79,900 |
| 5 Persons | $35,300 | $58,850 | $86,300 |
| 6 Persons | $37,900 | $63,200 | $92,700 |
| 7 Persons | $40,500 | $67,550 | $99,100 |
| 8 Persons | $44,660 | $71,900 | $105,500 |
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Tax Credit Program Details
Frequently Asked Questions
What is the average rent for affordable housing in Red Bank, NJ?+
The Fair Market Rent (FMR) for Monmouth County, NJ is: $1385 (Studio), $1546 (1BR), $1916 (2BR), $2604 (3BR), $2904 (4BR). Actual rent at subsidized properties like Locust Landing Phase I is typically 30% of household income or less.
What size apartments are available at Locust Landing Phase I?+
Locust Landing Phase I offers the following unit types: 9 One-Bedroom, 31 Two-Bedroom units, for a total of 40 units.
How do I apply for housing at Locust Landing Phase I?+
Locust Landing Phase I is a Low-Income Housing Tax Credit (LIHTC) property. To apply, you can start by calling , or visiting their website, or contacting the property management office. Contact the property to learn about availability and application requirements. Eligibility is based on income limits set for the area.
What are the income limits for affordable housing in Monmouth County, NJ?+
For a 4-person household in Monmouth County, NJ, the income limits are: Extremely Low Income (30% AMI): $32,650, Very Low Income (50% AMI): $54,450, Low Income (80% AMI): $79,900. These limits are set by HUD and updated annually.
Who manages Locust Landing Phase I?+
Locust Landing Phase I is managed by . You can reach them at . Visit their website for more information.
Is there a waitlist for Locust Landing Phase I?+
Public Housing waitlist is currently Closed. Section 8 (HCV) waitlist is currently Closed. Waitlist status can change frequently, so check back regularly or contact the housing authority directly for the most up-to-date information.
What is the price range for apartments in Red Bank, NJ?+
Based on Fair Market Rent for Monmouth County, the estimated price range is: 1-bedroom: $1546, 2-bedroom: $1916. Actual rent at Locust Landing Phase I may be lower for income-eligible households.
Contact Information
Walk Score
Somewhat Walkable
Nearby Schools
Ratings provided by GreatSchools.org. Ratings are on a 1-10 scale.
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